People often state that the unemployment rate is critical, but this argument isn't backed up by any hard statistics.

In fact the last couple of times the unemployment rate spiked housing prices soared the following year, as pointed out by Stuart Wemyss of ProSolution, Game of Mates author Dr. Cameron Murray, and others:

Cameron Murray:

The last time we had unemployment numbers this bad we saw Sydney house prices increase by 13% the following year.

After the 2009 jump in unemployment Sydney prices increased 16% the next year….

Source: CoreLogic
Lending rates, meanwhile, are at the lowest level in modern history

This effectively allows borrowers to take on bigger mortgages, as I showed in my recent post on lending trends

ANZ:

The big unknown factor at this stage is POPULATION GROWTH.

My base case expectation or scenario is that within the next few months the powerful interests such as the Property Council, Australia's universities, the airlines, Tourism Australia, and big business at the top end of town will have forced the government's hand to reopen the borders, albeit with a period of enforced quarantine.

Jonathan Tepper.

The idea that Covid will change the way we live completely absurd and sensationalistic.

The 1918 influenza killed over 50 Million people.

Afterwards we had the Roaring 20’s

People won’t want to stay cooped up like they are now.

And moreover, Australia will likely be seen as one of the safest and most desirable countries on earth in which to live

Barry Ison:

With vacancy rates low and rental rising we can expect property prices to follow and increase.

The bottom line of this is, Real Estate has over recent times been a safe haven when other markets crash in Australia.

With interest rates at an all time low what a great time to invest in Real Estate.

Contact me now to see where your next investment could be in the Australian Real Estate Market.

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Sydney November 2019 update

Sydney house shortage still continues from in 2019 with State Government acting
to increase supply of land in coming years.

This year has seen prices of off the Plan unit projects increase and most people
who purchased these off the plan units in Sydney metro at the start of the year,
will notice to buy simular units now that the prices have increased dramatically,
some by up to $100,000 for 2 bedroom units. This is about a 20% growth this year.

It’s has been reported that the market is slowing but only time will tell. However
sales are still continuing strong now.

Due to the high price of property in NSW population is moving interstate or looking
for more affordable property and better travel infrastructure.

The Central Coast 1.5hrs north of Sydney has new House and Land projects selling
from $440,000 for large 4 bedroom homes. Great Investment. Long term growth.

A large Chinese Developer will develop a $500m Chinese Culture Theme Park at Warnervale
on the Central Coast; also in same area Wyong Council is proposing a new Airport
for freight to start in 2020.

Sydney and Central Coast have attracted a large number of Chinese developers looking
internationally for good growth areas to invest, which include Country Gardens a
large Chinese development company.

At least 436 high-wealth Chinese, and a sprinkling of Hong Kong, South African,
Japanese and Malay individuals promising to invest at least $5 million each in the
Australian economy have secured residential visas under the new Significant Investment
Visa program.

Click onto For Sale, Sydney House & Land turnkey Packages Fr $440k, now for
more information.

Act now while interest rates are lowest for some 50 years.Research is the key to investingCall Now Barry Ison or Jane Peng: 0413 666 298